Do you really think the New York Attorney General would have settled with a "ponzi scheme" with a $62 billion market cap?
The USA isn't shy about pursuing crypto operators.
It's also hard to call a 0% interest, zero return token, a ponzi scheme.
The USA isn't shy about pursuing crypto operators.
It's also hard to call a 0% interest, zero return token, a ponzi scheme.
Much easier if we mention that only 3-4% of the entire Tether supply is backed by actual dollars.
Welcome to fractional reserve banking. It's been this way, with every single account, for decades now.